Daimler AG is a German multinational automotive corporation. It is the largest company in Germany and the world's thirteenth largest car manufacturer. Daimler AG was formed through the merger of Daimler-Benz AG and Chrysler Corporation in 1998, becoming DaimlerChrysler. However, the alliance ended in 2007 due to Chrysler's poor financial results. Daimler AG is now focused on producing high-quality and technologically advanced vehicles under brands such as Mercedes-Benz, Smart, and Freightliner to meet future mobility challenges in a safe and environmentally friendly manner.